well, i finally gave up using it, after it just stopped working again twice, i don't want my GPUs being idle for hours and i just can't watch them all the time.
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So the probability of me showing up in the pool statistics is my hashrate/pool hashrate The probability of the pool showing up on blockexplorer is pool hashrate/total hashrate The probability of me finding a block on my own is my hashrate/total hashrate Maybe this explains it better what I tried to say... (it looks a bit wrong in hindsight up there as well, but I'll leave it there for documentary reasons) sorry to say, but you're still wrong the probability of you showing up in the pool statistics (in terms of "he found it") is exactly the same as the probability of you finding a block on your own, there is no difference, believe it or not.
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oh, i see.
well, yes, pools are a single node (depending on the pools setup maybe 2, or 3 nodes).
workers, the mining-clients that are connected to the pool, are no nodes at all, they are just some kind of bruteforcing tool that's hashing some data sent to them by the pool-server. those workers themselves are in no way connected to the bitcoin-network, they are only connected to the pool-server. the pool-server then is connected to one, or more bitcoin-nodes.
from a security point of view, pools nodes aren't any different from other nodes, everyone is treated equally, they either follow the bitcoin-protocol-rules and everythings fine, or they create their own rules and so create their own network, because everyone else will just ignore them.
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which web of trust exactly are you talking about, that pools should be part of? i only know about the #bitcoin-otc (which is an irc-channel-marketplace) web of trust, but that has nothing todo with nodes, or miners, or pools, it's just individual users that buy and sell bitcoins, or goods or services for bitcoins.
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..it's not the hashrate of the whole network (>1 TH/s) but the pool you're in (currently <13GH/s) that determines your block finding probability (as you can only find blocks within your pool by definition!), so it's way easier to find a block in a pool,..
excuse me, but are you talking about blocks, or are you talking about shares? it's ALWAYS the hashrate of the whole network (defined by the difficulty), in comparsion to your own hashrate, that determines your block (or hash) finding probability. on a pool, you only find shares (hashes good for difficult1-blocks) more often, not blocks (hashes good for real-network difficult). if you're mining on a CPU on your own, you'll probably never solve a block, if you're mining on a CPU on a pool, you'll probably never solve a block, there's just no difference.
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well, restarting my worker was the first thing i did when i noticed that error and all shares after got rejected, it didnt help though, new shares also got rejected (all of them), so i stopped the miner again, then posted (actually i just wanted to post that error, then i noticed the rejects i haven't looked at before). anyway, i might have been a victim of that spike then (just started testing ~2hours before), will test later again. WORKSIZE=128 VECTORS AGGRESSION=6 BFI_INT
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well, it's no problem at all on other pools [76.92 Mhash/sec] [508 Accepted] [0 Rejected] same miner, same settings, different pool (in this case deepbit)
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testing on HD5570 XP64 Cat10.12 SDK2.2 phoenix-1.4 [11/05/2011 00:07:53] Result: b814a20a rejected [78.23 Mhash/sec] [84 Accepted] [23 Rejected] [RPC (+LP)]Unhandled error in Defe rred: Unhandled Error Traceback (most recent call last): Failure: twisted.web._newclient.ResponseFailed: [<twisted.python.failure.Failure <class 'twisted.internet.error.ConnectionLost'>>] [11/05/2011 00:08:52] Result: bdc42770 rejected [11/05/2011 00:09:45] Result: 68ccac6a rejected [11/05/2011 00:11:19] Result: dee1d595 rejected [11/05/2011 00:12:57] Result: 4e9e8b9e rejected [11/05/2011 00:13:24] Result: 16aeaea8 rejected [11/05/2011 00:13:29] Result: fce777d3 rejected [11/05/2011 00:14:03] Result: a6d73144 rejected [76.15 Mhash/sec] [84 Accepted] [30 Rejected] [RPC (+LP)]
besides the error, 30% of rejected shares is quite high, i've never experienced anything that bad, any idea about that?.
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simply having tons isn't income, if it's about income, BTC aren't any different from cash, you can avoid to pay taxes, but you're not allowed to.
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yeah, can't you do that on slicehost? i do so on afraid.org you can also set your IPs in namecoin though should look like namecoind name_update d/yourname '{"map": {"": "1.2.3.4", "www": "4.3.2.1"}}'
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like this namecoind name_update d/yourname '{"map": {"": {"ns": ["ns1.slicehost.net", "ns2.slicehost.net"]}}}' anything else can be done on slicehost
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if i create a new address now, as far as the network is concerned since it never was online who's to say what the right key is? tell you who, my wallet (or the private key within). it's not that your node broadcasts every new address you create to the network, why should it? there's no need to inform the network about new addresses, your node only needs to check, if that address has ever received some coins and if you've got the (private) key to those coins, you can spend them. PS: if one could claim unused addresses, one could also claim all lost coins that he/she knows the public key of, that person could get rich without actually stealing anything from anyone.
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Not for anybody but the early adopters and their current bitcoin wallet value I suppose.
bitcoin wallet value? why does it help, or hurt you in namecoin, if you have a big, or small bitcoin wallet? the fact that domain-names get cheaper and cheaper over time dont actually hurt late namecoin adopters, the later you grab a name, the less NC you have to pay for registration (but maybe your favourite name is already taken by then). i don't really see any reason, why namecoin should become a thread to the bitcoin blockchain. currently, namecoins are more profitable to mine than bitcoins (according to the exchange-rates one can see on the forums), its >300times harder to generate 1BTC, yet you only get <100NC for 1BTC, CPU, or low-end GPU users should mine some namecoins, sell NC4BTC and make >100% average, instead of joining a bitcoin-pool and make way below 100%, although i've no idea about the current demand for namecoins, probably quite low, which makes it not worth it for big GPU clusters. it's surely needs more adoption.
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Could someone sent to it? yes could another person who knew what that address was, alter their client to manually create that address, connect to the internet, and claim it as theirs? no, they can not magically create a matching private key for the not-yet-known-to-the-network public key, if they could do that, they could claim ANY addresses coins, by just generating matching private keys. at least that's my understanding of how it works, please correct me if i'm wrong
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1. All BitCoins have been generated
ok 2. I'm not longer receiving BitCoins by processing blocks, therefore I'm not longer using my hardware for BitCoin processing. you're still receiving bitcoins by including fee-containing transactions into your blocks, it won't be optional by then anymore, all miners will only include fee-containing transactions, if you don't pay a fee, it's very likely your transaction will never ever confirm. 3. The network becomes slow and infrastructure gets smaller. the network doesn't become slower when miners stop mining, it'll only become weaker, block-generation will still take about 10min on average. 4. The BitCoin starts to devaluate. why? did the supply increase magically? or the demand decrease somehow? 5. I want to keep the value of my BitCoins, then I again provide my hardware to keep the value. good choice, protect your value, don't let the network become weaker. 6. Now, I'm hardware and energy dependant. aren't you already? 7. The system (Goverments and banks) controlls the BitCoin by increasing or decreasing the hardware and energy cost (in U$S). why doesn't the system start trying now?
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Bitcoin in it current form cannot be used for day-to-day transactions with the same degree of ease as cash that, excuse me repeating myself, is not true, it CAN be used for day-to-day instant transactions in the same way, cash does. you can easily print bitcoin-paper-bucks and use those paper-bucks exactly the same way, you use cash today, without any delays or confirmations, without any connection to the bictoin-network or the internet at all, nothing keeps you from just doing it. BitBills is the first attemp to do exactly that. the same thing also proves your transaction-fee- and internet-rely-arguments wrong, cash doesnt have this impediment, bitcoin-paper-bucks, or BitBills also don't have it. create them, use them and you got what you asked for. what YOU are STILL ignoring is, that cash is not a currency, delays, fees and all that nasty stuff also appears, if you use your common currency to pay online, or send bank-wires, or do whatever else is done the non-cash-way. Oh, By-the-way Bitlex (aka: Noodles Skute of 64 Gereonswall,Cologne,Germany, ph:+49 2218306297 email:noodles.skute@gmail.com) I've given you my passport No. I'm still waiting to see what sort of mischief you can get upto with it.
well, i guess everyone already knows i'm Noodles and my mail is on my profile anyway, but i wasnt the one who was asking for anonymity to be the rule, that was you. i don't care if you know my name (which you actually don't know), or that i'm from germany (which is obviously true). and i care even less about your passportID, why should i bother trying to hunt your identity down? what's in it for me?
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plug a monitor (or dummy-plug) into your second card to activate it on Catalyst ... -d1 ..... --device 0 ... probably not related to your problem, but strange anyway, that you set the device twice, first you set -d 1, then you set --device 0, decide to use 1, or 0, both doesnt make sense.
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i meant that there is no direct correlation between difficulty and price increase.
point is that difficulty alone doesnt say anything about profitability of mining. IF the price doesn't rise, but difficulty does, it'll be less profitbale, but currently that is not the case, price rises even faster than the difficulty does, which results in mining now, at a higher difficulty, is more profitable than it was weeks/months before, at a lower difficulty. you get less coins per day, but you earn more money anyway, cool, isnt it?
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maybe you didn't notice that the price per bitcoin also is increasing like crazy.
in the last 3-4weeks difficulty doubled, btc-price tripled, so mining is even more profitable today, at a higher difficulty, than it was a few weeks ago.
maybe you should do your math again.
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ah, now you want documents (multiple i guess), not only IDs. so i have to fax you my passport, my last electricity bills, certificate of birth, maybe send you some blood-samples to check my DNA? and if those chosen ones arent ok with what i sent, i'll have to come around in person.
so you really want everyone to go through a bureaucratic nightmare, to get those free coins to try the system. sounds like a plan, good luck with that.
seriously, i hardly doubt anyone would do that, everyone would just stick to carrots instead.
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